Gold price rises as US inflation data supports further Fed e
Gold price climbs, remaining above $2,700, ignoring high US yields. US CPI data confirms ongoing disinflation, bolstering expectations for a Federal Reserve rate cut next week. Market anticipates a potential rate cut, with swaps pricing a 9...
Gold steadies near two-week highs on optimism about China
Gold rally maintains its positive momentum intact fuelled by buying from China and safe-haven flows. The US Dollars moderate recovery is weighing on Gold. XAU/USDs technical picture remains positive with price action standing above the last...
Gold price trades with mild positive bias
Gold price ticks higher on Monday amid bets for another Fed rate cut in December. Geopolitical tensions and trade war fears further benefit the safe-haven commodity. Expectations for a less dovish Fed underpin the USD and cap gains for the...
Gold price ticks higher ahead of US Nonfarm Payrolls report
Gold price bounces back and moves higher ahead of the US NFP data for November, which will influence market expectations for the Feds interest-rate path. Traders lean toward the Fed reducing interest rates by 25 basis points on December 18....
Gold ETFs post net outflows in November – Commerzbank
On Thursday, the World Gold Council (WGC) published data on changes in gold ETFs in November. For the first time since April, there were net outflows again, amounting to 28.6 tons. The vast majority, namely 26 tons, occurred in ETFs listed...
Gold: 2024 is Gold's year – TDS
Golds price performance was exceptionally strong, with scarce historical analogies available for such a strong performance outside of a USD bear market and with a concurrently strong year in equity markets, TDS Senior Commodity Strategist D...